Aswath Damodaran in City Journal reflects on the practice of “impact investing” – a trillion-dollar game of allocating investment dollars in ways that ostensibly benefit society. Though motivated by moralistic intentions, Damodaran notes that many of the true impacts are perverse and the practice essentially futile.

Palestinian Culture: Unique in its Own Destructive Way
Although the Palestinian Authority enjoys an array of cultural departments and programs, A.J. Caschetta in Jewish World Review finds that all of it – art, education, literature, poetry, music, education and film – is oriented to two goals: the vilification of Jews and the destruction of Israel. Caschetta notes this is in sharp contrast to Arab and Muslim traditions, which include myriad aesthetically normal cultural works. Palestinianism, Caschetta finds, is “a very sick culture”, driven by resentment and fuelled by hate.


